Prologis IncPLD
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Prologis raised 2026 earnings and Core FFO guidance after a record leasing quarter.
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Real Estate
Prologis IncPrologis Raises 2026 Earnings Guidance After Record Leasing Quarter
Earnings
Prologis raised its 2026 net earnings guidance for common stockholders to a range of US$4.40 to US$4.55 per diluted share, up from the prior US$3.80 to US$4.05, following a quarter of record leasing activity. The company reported a record 67 million square feet of leases and 95.5 percent occupancy, and started US$1.60 billion of new logistics and data center projects, including a 260 megawatt data center campus. The upgraded guidance and record leasing volumes reinforce the near-term earnings catalyst, though elevated market vacancy of 7.4 percent remains a risk. Prologis also raised its 2026 Core FFO guidance alongside the earnings outlook.
Prologis IncPrologis raised 2026 earnings and Core FFO guidance after a record leasing quarter.